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and trade data from china that exports increase more than expected means the oil is actually rising to the highest level in three months now as you can see that as the world's second largest you can see much china of course that trade data is helping to boost the price of oil right now as you can see there going up with now the russian ruble has finished up the session mixed in the four x. well stronger against the u.s. dollar but still loitering around below the forty mark against the euro you can see that and it's been at that level since august twenty seventh i should say the russian actually markets have also finished the session makes us despite oil getting them i think so as you can see finish the session in negative territory by about six tenths of a percent below the waterline. and they thing on online shopping has drastically transform the way global consumers shop now people much prefer to order their good is in the comfort of their own homes rather than do it long queues of people and cars and no rust is catching on after lacking behind for the last decade but according to a
and trade data from china that exports increase more than expected means the oil is actually rising to the highest level in three months now as you can see that as the world's second largest you can see much china of course that trade data is helping to boost the price of oil right now as you can see there going up with now the russian ruble has finished up the session mixed in the four x. well stronger against the u.s. dollar but still loitering around below the forty mark against the euro you...
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Jan 10, 2013
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it is the country's biggest production cut in nearly three years but china's thirst for crude is not slowing down. oil imports rose 8% in december, versus the same time in 2011. export growth in china quadrupled compared to november, indicating a strong pickup of economic activity there. both stories fueled the oil trade, closing at a high of 93.82 a barrel. >>> moving onto the other really big story of the day. president obama's new pick for treasury secretary and that is of course jack lew. if confirmed. lew could take over just as the administration is up to its neck in battles over several fiscal deadlines, including whether or not to raise the debt ceiling. but lew's critics are howling. joining me on the phone is alabama senator jeff sessions. a top republican on the senate budget committee and says that lew must never be confirmed. thanks for speaking with us today, senator. let's get right to it. what is your main objection here? >> look, mr. lew has been the point man for the president in misrepresenting the fundamentals of our debt situation. for example, in early 2011, whe
it is the country's biggest production cut in nearly three years but china's thirst for crude is not slowing down. oil imports rose 8% in december, versus the same time in 2011. export growth in china quadrupled compared to november, indicating a strong pickup of economic activity there. both stories fueled the oil trade, closing at a high of 93.82 a barrel. >>> moving onto the other really big story of the day. president obama's new pick for treasury secretary and that is of course...
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Jan 10, 2013
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obviously the data last night out of china was actually exceptional. we saw exports and imports both off the charts. we also saw the eurozone benefiting as well with the draghi comments this morning, so i think that all in all a steady issue goes, "people" people expecting a dip. a lot of people expecting s&p earnings to be negative but yet the markets are still up. the fiscal cliff went okay, actually bad in my view. we had no entitlement cuts. only $650 billion in new revenue but yet again we're higher so there's a lot of other things going on that areng this market. vietnam made a new bull market high last night. we have china. >> right. >> high, japan, topix and other bull market high. >> right. >> so there's many things to be positive about. >> a lot of positives. certainly a lot of positives. money on the sidelines. ben pace, there you go. you've got some challenges for the economy, and yet this market wants to go higher. how do you play is t and where's the best place to allocate capital? >> well, i think at these levels, maria, moving sideways
obviously the data last night out of china was actually exceptional. we saw exports and imports both off the charts. we also saw the eurozone benefiting as well with the draghi comments this morning, so i think that all in all a steady issue goes, "people" people expecting a dip. a lot of people expecting s&p earnings to be negative but yet the markets are still up. the fiscal cliff went okay, actually bad in my view. we had no entitlement cuts. only $650 billion in new revenue...
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a investment fraud in china is costing americans billions and the government there refuses to stop what is going on. >> the and importance of good handwriting. especially if you are the secretary of treasury of the united states. there is no mass-produced human. so we created the extraordinarily comfortable sleep number experience. a collection of innovations designed around a bed with dual-air technology that allows you to adjust to the support your body needs. each of your bodies. our sleep professionals will help you find your sleep number setting. exclusively at a sleep number store. sleep number. comfort individualized. queen mattresses start at just $699. and right now, save 50% on the final closeout of our silver limited edition bed. u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an album to download. i still have back problems. you're only 14 and a half. he
a investment fraud in china is costing americans billions and the government there refuses to stop what is going on. >> the and importance of good handwriting. especially if you are the secretary of treasury of the united states. there is no mass-produced human. so we created the extraordinarily comfortable sleep number experience. a collection of innovations designed around a bed with dual-air technology that allows you to adjust to the support your body needs. each of your bodies. our...
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they can grow 5% to 7%, 5% would be very weak for china. we looked at the possibility of growing 3%, 3.5% in china, which, in our mind, would be a hard landing, you know, we don't trust chinese statistics on their economy, so, you know, this 1% latitude we give them. we did an analysis, sensitivity study, what if they hit 3%, it would be a collapse in their cap x. that's where they've grown the most over the recent years. that's where they're most vulnerable. they have huge debt loads. government may be pulling back on debt to some of these state-owned enterprises. we do have a major transition in chinese company, or chinese government taking place right now. it started in november and it will conclude in march and we don't know their full agenda or objectives, so, it's -- >> you actually did a analysis where you plugged that in, you saw what the impact would be around the world in terms of gdp, which we just showed our viewers, but also on commodities, various complexes, the oil, as we'll as metals here, so, why don't you walk us through t
they can grow 5% to 7%, 5% would be very weak for china. we looked at the possibility of growing 3%, 3.5% in china, which, in our mind, would be a hard landing, you know, we don't trust chinese statistics on their economy, so, you know, this 1% latitude we give them. we did an analysis, sensitivity study, what if they hit 3%, it would be a collapse in their cap x. that's where they've grown the most over the recent years. that's where they're most vulnerable. they have huge debt loads....
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it's all about china. oil imports rising more than 7% last month, offsetting the bearish demand picture in the u.s. inventories which are sitting right now at five-year highs. now let's get to our floor show, because we've got traders standing by at the new york stock exchange, the cme group and, of course, the nymex. jonathan is standing by at the new york stock exchange. all right, jonathan, talk to me about the move today that we're seeing. again, a lot of interest in the financials, top performing sector in 2012. are we still bullish on this group in the next couple of months, three months? >> i'm bullish on that group. i've been bullish for a while there, and i think overall this market's going to have legs in it. when talking about the financials, i think that was the redheaded stepchild that everybody ran away from 2008, 2009, 2010. and now as rules and regulations have come into place, a little more transparency, i think people are warming up to this sector once again understanding the profitabilit
it's all about china. oil imports rising more than 7% last month, offsetting the bearish demand picture in the u.s. inventories which are sitting right now at five-year highs. now let's get to our floor show, because we've got traders standing by at the new york stock exchange, the cme group and, of course, the nymex. jonathan is standing by at the new york stock exchange. all right, jonathan, talk to me about the move today that we're seeing. again, a lot of interest in the financials, top...
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., on edge indication, we borrow from china, on defense we borrow from china. on infrastructure, we borrow -- from -- everything that entitlements -- it is dangerous. what did you learn? >> i'm going stay on the erskine bowles topic and agree we are the bickermans. >> bickersons. >> you are too young. >> all right. very good. >> you are kids. >> i learned, once again, speak less. listen more. >> what time is it? >> i will tell what you time it is. >> what time is it? >> it is time for "morning joe." it was time for "morning joe" but right now it is time for chuck todd and "the daily run-down." >> president obama makes his pick for the top spot at treasury. is jack lew ready for a full-blown fight over the debt ceiling in his first month on the job? pocket change. you heard about this idea. the trillion dollar coin to handle the debt ceiling. well, today we will tell you where it all started and whether or not it is really something president obama might use. they won't rule it out important some reason. and back to the future. the gun debate of 1994 had many le
., on edge indication, we borrow from china, on defense we borrow from china. on infrastructure, we borrow -- from -- everything that entitlements -- it is dangerous. what did you learn? >> i'm going stay on the erskine bowles topic and agree we are the bickermans. >> bickersons. >> you are too young. >> all right. very good. >> you are kids. >> i learned, once again, speak less. listen more. >> what time is it? >> i will tell what you time it is....
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and from china. the dow, s&p and nasdaq posting gains for the second day in a row, all ten s&p sectors in the green led by financials and energy as ashley just told you. rates meantime, here's a look at the 30-year fixed rate mortgage rising to its highest level in eight weeks. freddie mac reporting 3.4% from 3.34%. the 15-year rate rose to 2.66%. and the number of americans filing new applications for unemployment benefits rising by 4,000 to a total of 371,000. prior week's total was revised lower by 5,,000, splitting hairs quite a bit on the weekly readings, but the bottom line we're still trending toward improvement. ashley: we are hoe humming along. we've got john brady in the pits of the cme, david flyer and jack ablin, chief investment officer of bmo o private bank. let's begin with john at the cme. i guess the story has been china gave the markets a nice boost with much better economic data. has that been the big story? >> it is, it's the number one story. but likewise, too, we saw a tightenin
and from china. the dow, s&p and nasdaq posting gains for the second day in a row, all ten s&p sectors in the green led by financials and energy as ashley just told you. rates meantime, here's a look at the 30-year fixed rate mortgage rising to its highest level in eight weeks. freddie mac reporting 3.4% from 3.34%. the 15-year rate rose to 2.66%. and the number of americans filing new applications for unemployment benefits rising by 4,000 to a total of 371,000. prior week's total was...
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and on wall street, stocks had a good day, after reports suggesting the economic outlooks in china and europe may be improving. the dow jones industrial average gained more than 80 points to close at 13,471. the nasdaq rose nearly 16 points to close above 3,121. the standard and poor's 500 hit another five-year high, topping 1,470. those are some of the day's major stories. now, back to judy. >> woodruff: a series of bombings across pakistan killed over 100 people today and injured scores more. a short while ago, ray suarez talked by phone to "new york times" reporter declan walsh in islamabad about the attacks. declan walsh, welcome to the program. let's begin with the second quetta attack because it was the most deadly of the three. what was the target and who's suspected to be behind it? >> earlier this eve new york stock exchange suicide bomber walked into a club in an ethnic part of quetta, that's the community which immigrated from afghanistan about a century ago and has suffer add series attacks at the hands of sunni death squads over the last couple of years. so the suicide bom
and on wall street, stocks had a good day, after reports suggesting the economic outlooks in china and europe may be improving. the dow jones industrial average gained more than 80 points to close at 13,471. the nasdaq rose nearly 16 points to close above 3,121. the standard and poor's 500 hit another five-year high, topping 1,470. those are some of the day's major stories. now, back to judy. >> woodruff: a series of bombings across pakistan killed over 100 people today and injured scores...
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you see, chrysler is building more in china, but that's because they're selling more there. just like they are here in america. romney, of course, may not know that because as soon as the election was over, he purchased not an american vehicle, but a german designed suv made in slovakia. i can only assume the reasoning behind that purchase echoes a slogan once used for the jeep grand cherokee. go where regrets can't follow. stay with us. the day's top lines are coming up. constipated? yeah. mm. some laxatives like dulcolax can cause cramps. but phillips' caplets don't. they have magnesium. for effective relief of occasional constipation. thanks. [ phillips' lady ] live the regular life. phillips'. [ bop ] [ bop ] [ bop ] you can do that all you want, i don't like v8 juice. [ male announcer ] how about v8 v-fusion. a full serving of vegetables, a full serving of fruit. but what you taste is the fruit. so even you... could've had a v8. is the same frequent heartburn treatment as prilosec otc. now with a fancy coating that gives you a burst of wildberry flavor. now why make a f
you see, chrysler is building more in china, but that's because they're selling more there. just like they are here in america. romney, of course, may not know that because as soon as the election was over, he purchased not an american vehicle, but a german designed suv made in slovakia. i can only assume the reasoning behind that purchase echoes a slogan once used for the jeep grand cherokee. go where regrets can't follow. stay with us. the day's top lines are coming up. constipated? yeah. mm....
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remember, he will have to negotiate with china and with the world bank. he will have high level discussions and finish dodd-frank and finish the baz el three. those are all really important issues. and his lack of experience is an issue down here. i know people that would have, for example, supported robert. he is a wall street guy and would have faced as much opposition. >> john, is there anybody who could be nominated that wouldn't become a political fight. that this will be ultimately an ideological fight. >> any nominee gets a fight given how polarized our country is, ideological and partisan lines and jack lew will get some resistance based on the fact he doesn't have the wall street experience, business experience, based on the fact that some republicans didn't like being on the other side of the negotiating table with him during budget fights. but this is somebody whose ego is not out front. he is very low key. somebody that is going to be calm. this is part of the answer to what he o would do in a crisis. and i think jack lew will get through conf
remember, he will have to negotiate with china and with the world bank. he will have high level discussions and finish dodd-frank and finish the baz el three. those are all really important issues. and his lack of experience is an issue down here. i know people that would have, for example, supported robert. he is a wall street guy and would have faced as much opposition. >> john, is there anybody who could be nominated that wouldn't become a political fight. that this will be ultimately...
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and on wall street, stocks had a good day, after reports suggesting the economic outlooks in china and europe may be improving. the dow jones industrial average gained more than 80 points to close at 13,471. the nasdaq rose nearly 16 points to close above 3,121. the standard and poor's 500 hit another five-year high, topping 1,470. those are some of the day's major stories. now, back to judy. >> woodruff: a series of bombings across pakistan killed over 100 people today and injured scores more. a short while ago, ray suarez talked by phone to "new york times" reporter declan walsh in islamabad about the attacks. declan walsh, welcome to the program. let's begin with the second quetta attack because it was the most deadly of the three. what was the target and who's suspected to be behind it? >> earlier this eve new york stock exchange suicide bomber walked into a club in an ethnic part of quetta that's the community which immigrated from afghanistan about a century ago and has suffer add series attacks at the hands of sunni death squads over the last couple of years. so the suicide bomb
and on wall street, stocks had a good day, after reports suggesting the economic outlooks in china and europe may be improving. the dow jones industrial average gained more than 80 points to close at 13,471. the nasdaq rose nearly 16 points to close above 3,121. the standard and poor's 500 hit another five-year high, topping 1,470. those are some of the day's major stories. now, back to judy. >> woodruff: a series of bombings across pakistan killed over 100 people today and injured scores...
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we are going to see more imports of oil in china. the only thing that slowed us down a little bit was the revisions. last week if you thought it was cold, you were right. especially if you look at the natural gas inventories. we have the biggest drawdown. the thermostats were hot. i am sure you were turning yours up. cheryl and dennis, back to you. cheryl: i turned it up, but i had to turn it back down. dennis: it is time to make some money with charles payne. he is following up on molycorp. charlie: i mentioned it in november. the by signal was 12. they lowered their guidance for the year. the street is really concerned about it. it is a capital intensive business. they may have to go up and raise even more money. that would obviously, you know, then out the shares even more. when the dust settles, no pun intended, when the dust settles, i would think that the rumors they come back around. if you are not in it, i would not buy it. i would not sell it because i think it is oversold. i do not think this guy will be around for long ter
we are going to see more imports of oil in china. the only thing that slowed us down a little bit was the revisions. last week if you thought it was cold, you were right. especially if you look at the natural gas inventories. we have the biggest drawdown. the thermostats were hot. i am sure you were turning yours up. cheryl and dennis, back to you. cheryl: i turned it up, but i had to turn it back down. dennis: it is time to make some money with charles payne. he is following up on molycorp....
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, which claimed to operate three big fuel plants in china. according to a lawsuit, these photos taken at one plant show scant activity, and no tanker trucks carrying the fuel to market. >> i filmed about four months and they produced essentially nothing. >> reporter: there was a beehive of activity on with you day, the day investors came to tour. but once the investors are gone, so are the tanker trucks. >> just as dead as before. >> reporter: so they was a complete con job? >> exactly. >> reporter: the company acknowledged there were problems with this factory. a nasdaq official became unhappy when we pressed to know how could so many of them get listed in the first place? >> companies get on exchanges through -- through very -- look, this interview is over right now. it's over right now. >> reporter: what do you mean? >> i'm walking you out the door. >> reporter: the chinese government has sent its reaction to allegations that it was not cooperating with the u.s. in a statement to abc news, it said groundless accusations will not condeuce t
, which claimed to operate three big fuel plants in china. according to a lawsuit, these photos taken at one plant show scant activity, and no tanker trucks carrying the fuel to market. >> i filmed about four months and they produced essentially nothing. >> reporter: there was a beehive of activity on with you day, the day investors came to tour. but once the investors are gone, so are the tanker trucks. >> just as dead as before. >> reporter: so they was a complete con...
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china mobile is the largest telecom company in china. apple does not have a relationship with them right mow. because of that, people are hoping that he and the company who, of course, has other executives, will be able to somehow broker some sort of deal, if not on this trip, at some point this year in order to get access to the 700 million people and people are saying, this is going to be an amazing catalyst for the stock. >> yeah. we'll have to see how they do it. eunice, thanks for this for now. sales are going up in china, but their market share is slipping from four to six. it's before the latest phone large. why are they losing market share? what do they need to do? >> it's great to be here, ross. apple has doubled sales in 2012. they hit about 22 billion in sales in 2012. china has become their second largest market. but apple is underperforming the market share. they've dropped from fourth to six in smartphones in the last year. it's come down to this. they've doubled their number of stores to only eight in china which is only o
china mobile is the largest telecom company in china. apple does not have a relationship with them right mow. because of that, people are hoping that he and the company who, of course, has other executives, will be able to somehow broker some sort of deal, if not on this trip, at some point this year in order to get access to the 700 million people and people are saying, this is going to be an amazing catalyst for the stock. >> yeah. we'll have to see how they do it. eunice, thanks for...
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on the money menu, china sees trade soar in diagram. before you change the channel, understand that china's gain is a sign that things are picking up here in the united states. exports jumped 14% at the end of the year compared to 12 months ago. that's important because the economy has been slowing down for seven quarters likely because of malaise. i have been saying things are starting to look up for the u.s. economy in 2013 and a boost in imports is one of the indicators that tend to confirm the sentiment. the one thing that could ruin this is the battle on capitol hill. democrats and republicans resulted to tactics that cost the u.s. the iron clad credit rating. the economy suffered. president obama will want the tax revenue hikes to any spending cuts that republicans insist on. to do that they would have to tap into politically sensitive deductions and for perspective, the deducks and exclusions cost $1.1 trillion a year. most benefit individuals, especially those in the middle class. something you need to know as the debt ceiling d
on the money menu, china sees trade soar in diagram. before you change the channel, understand that china's gain is a sign that things are picking up here in the united states. exports jumped 14% at the end of the year compared to 12 months ago. that's important because the economy has been slowing down for seven quarters likely because of malaise. i have been saying things are starting to look up for the u.s. economy in 2013 and a boost in imports is one of the indicators that tend to confirm...
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in china, the ruling communist party resolved a censorship dispute with an influential newspaper. staffers with "southern weekly" in guangzhou said today officials will no longer directly censor content before publication. other controls will stay in place. protests erupted after censors rewrote a new year's editorial that called for political reform. the washington national cathedral will begin performing same-sex marriages. the cathedral announced the decision today as part of an effort to build a more inclusive community. the 106-year-old cathedral is a spiritual center for the nation, hosting presidential inauguration services and state funerals. it will be one of the first episcopal congregations to allow gay marriage rites. on wall street today, the dow jones industrial average gained 61 points to cse at 13,390. the nasdaq rose 14oints close above 3,105. those are some of the day's major stories. now, back to jeff. >> brown: can a police office force a drunk driving suspect to take a blood alcohol test without a warrant? that was the question before the supreme court today,
in china, the ruling communist party resolved a censorship dispute with an influential newspaper. staffers with "southern weekly" in guangzhou said today officials will no longer directly censor content before publication. other controls will stay in place. protests erupted after censors rewrote a new year's editorial that called for political reform. the washington national cathedral will begin performing same-sex marriages. the cathedral announced the decision today as part of an...
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. >> if he comes from that, maybe he is the nixon who can go to china. he can go to entitlements and social security reform and then he will be heralded around the world. sfoo it's important to note that notwithstanding all the tough rhetoric between the white house and congressional republicans, the white house has yet to take off the table some of those important entitlement reforms than republicans that everybody says are necessary to a grand bargain. jack lew hasn't taken those off the table either. that means that while he drives a hard bargain, once there's a bargain, he is in an excellent position to sell that to the democratic base. >> you know, i just want to say, i agree with greg to an extent, but i also think the white house may have left something on the table here. i mean, this was a chance for the president to shore up -- call it his right flank, his relationships with business and the markets. i don't think he did that here. again, going back to what i said earlier. not that it can't be done during his tenure if the treasury but for examp
. >> if he comes from that, maybe he is the nixon who can go to china. he can go to entitlements and social security reform and then he will be heralded around the world. sfoo it's important to note that notwithstanding all the tough rhetoric between the white house and congressional republicans, the white house has yet to take off the table some of those important entitlement reforms than republicans that everybody says are necessary to a grand bargain. jack lew hasn't taken those off...
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positive data out of china. china exports came in much stronger than expected. jobless claims coming in 9,000 above consensus estimates. a higher open at this point, dow about 52 1/2, s&p looking to open up 8. as for the picture in europe, of course all eyes are on the esc presser, ecb and bank of england leaving rates unchanged. the question is will draghi open the door for the possibility of a cut. so that's on our radar. italy biggest gainer there up more than 1%. our road map this morning starts in washington. jack lew officially nominated as treasury chief. lew is known for his role in the being acrimonious talks in 2011. what could it mean this time. >> tiffany disappoints again with weaker holiday sales. there was weakness in the americas, strength in asia. so how much of a read through to the rest of retail is this earnings report? >>> nokia shares soaring this morning after a bullish outlook for the first quarter. >>> and herbal life's big day to defend itself against bill ackman's damning allegations. we'll have the latest and the ceo join us later in
positive data out of china. china exports came in much stronger than expected. jobless claims coming in 9,000 above consensus estimates. a higher open at this point, dow about 52 1/2, s&p looking to open up 8. as for the picture in europe, of course all eyes are on the esc presser, ecb and bank of england leaving rates unchanged. the question is will draghi open the door for the possibility of a cut. so that's on our radar. italy biggest gainer there up more than 1%. our road map this...
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you know, in china, they're having these incidents in schools with greater frequency and they have no guns, it's being done with axes, swords, we've got to do something about these sort of people being loose. >> if we're going to talk about the mental health component which i absolutely believe we should having lived in california after proposition 13 passed and you had a lot of mentally ill people put right back on the streets, making our streets more dangerous. what that means is when we get to these talks about spending cuts and when states are talking about cuts, we have to be very careful what we're talking about and recognize that we may have to make those cuts, but this may be a consequence of some of those cuts if we can't get somebody in the private sector to make up the difference. >> i'll spend another buck or two to do it. but let me mention, on to a slightly different subject on this whole matter, that is joe biden meeting with the nra which fascinates me. it tells how smart a politician joe biden is. do you think he can pick up any support on anything with the nra? >> i
you know, in china, they're having these incidents in schools with greater frequency and they have no guns, it's being done with axes, swords, we've got to do something about these sort of people being loose. >> if we're going to talk about the mental health component which i absolutely believe we should having lived in california after proposition 13 passed and you had a lot of mentally ill people put right back on the streets, making our streets more dangerous. what that means is when...
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the highlight reel is next. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing.
the highlight reel is next. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to...
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rare earth is something that has the demand they have seen is dwindling particularly in china. and so now you are seeing this stock dropping 22.5%. that is a drop of almost two and a half dollars now sitting at 836. as they evaluate their capital means so far not so good for molly corporation, moll lori and melissa. melissa: the president will be nominating the chief of staff jack lew as next treasury secretary. should we be gearing up for another confirmation battle? rich edson at the white house with the latest on this story. what do you think? rich: we very well could be. he refuses to address entitlements in spending. he is the typical big government liberal and a troubled person to deal with in his capacity as chief of staff for the white house but democrats point out he knows budgets. he has been a budget director for the clinton administration, obama administration and they say that is why they picked him. >> in the past quarter of a century jack lew has been an integral part of some of the most important budgetary financial and fiscal agreements, bipartisan agreement in
rare earth is something that has the demand they have seen is dwindling particularly in china. and so now you are seeing this stock dropping 22.5%. that is a drop of almost two and a half dollars now sitting at 836. as they evaluate their capital means so far not so good for molly corporation, moll lori and melissa. melissa: the president will be nominating the chief of staff jack lew as next treasury secretary. should we be gearing up for another confirmation battle? rich edson at the white...
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if we cannot lead the world with space, china and russia will inevitably feel the way that we left behind, and that will have a trickle-down effect. the number of people at the train as scientists and engineers to keep america's pre-eminence not in space but practically everything else. so, dr. pace, will you describe the problems caused by the cancellation of the consolation program and what is needed from congress in this current fiscal environment to ensure the success of the space launch? >> thank you, sir. that is a tall order. i think one of the crucial things the consolation program was supposed to do is to provide a smooth transition for the work force and for the capability the nation has off of the shuttle program to what ever came next. and we've lost that now. the deep integration between the low earth orbit and the destinations that was hoped for i think is also gone. i would first say 2012 is not 2008. we are in a different and new situation today and we have to look at going forward. the primary, one of the primary problems with the end of the constellation was again cuttin
if we cannot lead the world with space, china and russia will inevitably feel the way that we left behind, and that will have a trickle-down effect. the number of people at the train as scientists and engineers to keep america's pre-eminence not in space but practically everything else. so, dr. pace, will you describe the problems caused by the cancellation of the consolation program and what is needed from congress in this current fiscal environment to ensure the success of the space launch?...
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to his own spending addiction which is putting us more dependent to other nations and, specifically china. that is the big problem with this administration and the failure of the president to lead on the issue of spending. we need to come together as a nation dealing with the nation's spending addiction and get the country's financed in order if we want to stay a national -- international leader. jenna: well, we'll see if this year produces different results. senator bros. sew, look forward to having you back. >> thanks, jenna. jon: right now the desperate race to free a pod of killer whales trapped under thick sea ice, apparently, is over. >> reporter: we like to report good news, jon, and we have some in this case. this is like free willie on a much bigger scale. killer whales all fighting for air in the same small space. they were trapped under the ice with a hole only about the size of a pickup truck. this is up in northern canada there. and the mayor of this town saying a sudden drop in the temperature led the whales to be boxed in under this ice. he had appealed for outside help ask
to his own spending addiction which is putting us more dependent to other nations and, specifically china. that is the big problem with this administration and the failure of the president to lead on the issue of spending. we need to come together as a nation dealing with the nation's spending addiction and get the country's financed in order if we want to stay a national -- international leader. jenna: well, we'll see if this year produces different results. senator bros. sew, look forward to...
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Jan 10, 2013
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apple's ceo tim cook met today with the chairman of china's biggest wireless carrier, china mobile. the company would only say that they talked about matters of cooperation but the meeting is raising hopes that apple can strike a deal for china mobile to offer its iphone. also deutsche bank made a profit of at least 500 million euros in 2008 from trades pegged to libor and other global interest rates. that's according to "the wall street journal," which cites internal documents. the revelation comes amid libor rigging investigations that are already resulting in settlements with barclays and ubs. >>> and stock exchange operator bats says a system error caused executions could create transactions not at the price available. the total dollar impact was just over $420,000 and it has disclosed the error to the s.e.c., the customers and to the public. >>> aig is now announcing it will not sue the u.s. government over terms of the company's multibillion dollar bailout. the insurer deciding not to join the legal action being led by former chief hank greenberg. ceo bob ben moshe explaining
apple's ceo tim cook met today with the chairman of china's biggest wireless carrier, china mobile. the company would only say that they talked about matters of cooperation but the meeting is raising hopes that apple can strike a deal for china mobile to offer its iphone. also deutsche bank made a profit of at least 500 million euros in 2008 from trades pegged to libor and other global interest rates. that's according to "the wall street journal," which cites internal documents. the...
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Jan 10, 2013
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some china data that was better than expectations. we are also watching gun stocks. as i told you, there has been a rally in gun stocks since the newtown massacre. why? there's been a run on guns. that rally fizzled yesterday as vice president biden and word from his office that, hey, maybe an executive order could be on the table. look at how the stocks went there? the gunmakers stocks fell. ruger down about 1%. smith & wesson dropped more than 2%, but still positive over the past five days. watching that fizzle. it's not just the gunmakers, we watched the retailers. the big major sporting retailers sell a lot of these guns. stocks like cabela's and dick's sporting goods fell about 1%. this made no move on walmart's stock, but walmart will be attending those meetings after initially saying a scheduling conflict prevented them from being there. another big story we're watching. new mortgage rules. the government coming out with rules for lenders. lenders have to write mortgages that people can pay back. >> novel idea. >> for the first time, i can't believe it's here.
some china data that was better than expectations. we are also watching gun stocks. as i told you, there has been a rally in gun stocks since the newtown massacre. why? there's been a run on guns. that rally fizzled yesterday as vice president biden and word from his office that, hey, maybe an executive order could be on the table. look at how the stocks went there? the gunmakers stocks fell. ruger down about 1%. smith & wesson dropped more than 2%, but still positive over the past five...
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Jan 10, 2013
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here is a man that not only opened the door to china and began the great china relationship that exists today, he also ended the war in vietnam. he flew all the troops out of vietnam. when he came into office, let's go to domestic, 10% of the southern schools were desegregated. when he ended his office, 70% of the southern states were desegregated. testifies an environmental president. i'm not sure if that's good or bad. but did he create the epa and the council on equality. he was a man of many, many accomplishments. he started the war on cancer, created a national cancer institute. >> steve: and the list goes on and on. >> it goes on and on. i think you got to look at the totality to really judge this man and his career. i don't think any modern president accomplished as much. >> steve: yesterday was richard nixon's, the 100th anniversary of his birth. fred who knew him well, we thank you for joining us well. >> nice to be with you. >> steve: nice to have you. next up, country superstar mom naomi judd is here. is her daughter ashley about to jump into the u.s. senate and politics? we'
here is a man that not only opened the door to china and began the great china relationship that exists today, he also ended the war in vietnam. he flew all the troops out of vietnam. when he came into office, let's go to domestic, 10% of the southern schools were desegregated. when he ended his office, 70% of the southern states were desegregated. testifies an environmental president. i'm not sure if that's good or bad. but did he create the epa and the council on equality. he was a man of...
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. >> americans are losing tens of billions of dollars at the hands of china. the united states has opened up cases against dozens of china-based companies after allegations of fraud and financial irregularities. but the chinese government is refusing to cooperate with the investigation meaning americans cannot prove their cases and businesses are losing money. more peter and bill up after the break. stay with us. you know who is coming on to me now? you know the kind of guys that do reverse mortgage commercials? those types are coming on to me all the time now. (vo) she gets the comedians laughing and the thinkers thinking. >>ok, so there's wiggle room in the ten commandments, that's what you're saying. you would rather deal with ahmadinejad than me. >>absolutely. >> and so would mitt romney. (vo) she's joy behar. >>and the best part is that current will let me say anything. what the hell were they thinking? >> announcer: broad crasting across the nation on your radio and on current tv, this is the "bill press show." >> peter: this is the "bill press show." yo
. >> americans are losing tens of billions of dollars at the hands of china. the united states has opened up cases against dozens of china-based companies after allegations of fraud and financial irregularities. but the chinese government is refusing to cooperate with the investigation meaning americans cannot prove their cases and businesses are losing money. more peter and bill up after the break. stay with us. you know who is coming on to me now? you know the kind of guys that do...
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Jan 10, 2013
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kissinger go to china. we had a treaty they thought we had had if they went to war. we pulled out of the region essentially after the soviets left afghanistan. i'm not an apoll gist for either side. i'm simply saying it's important that we understand pakistanis approach us with a lot of mistrust, a lot of concerns that we won't be a steadfast and equal partner and we have equally legitimate complaints about their perform man. i think what we've got to do is continue to engage -- i don't agree with disengaging and pulling away. it's a constant effort to try to build a trust-based relationship over time. >> general stan me mcchrystal's book is in bookstores. general stanley mcchrystal, thanks so much for joining us and thanks for your service to the united states. >> wolf, thank you for having me. >>> the government's new consumer protection bureau just laid down some new rules for getting a mortgage. you're going to find out what's changing, whether it will help or hurt your chances of buying a home. et? i've got two tickets to paradise! pack your bags, we'll leave to
kissinger go to china. we had a treaty they thought we had had if they went to war. we pulled out of the region essentially after the soviets left afghanistan. i'm not an apoll gist for either side. i'm simply saying it's important that we understand pakistanis approach us with a lot of mistrust, a lot of concerns that we won't be a steadfast and equal partner and we have equally legitimate complaints about their perform man. i think what we've got to do is continue to engage -- i don't agree...
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Jan 10, 2013
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., on edge indication, we borrow from china, on defense we borrow from china. on infrastructure, we borrow -- from -- everything that entitlements -- it is dangerous. what did you learn? >> i'm going stay on the erskine bowles topic and agree we are the bickermans. >> bickersons. >> you are too young. >> all right. very good. >> you are kids. >> i learned, once again, speak
., on edge indication, we borrow from china, on defense we borrow from china. on infrastructure, we borrow -- from -- everything that entitlements -- it is dangerous. what did you learn? >> i'm going stay on the erskine bowles topic and agree we are the bickermans. >> bickersons. >> you are too young. >> all right. very good. >> you are kids. >> i learned, once again, speak